Stock exchange release
January 5, 2010 02:00 PM EEST
Metso to supply biomass power plant to Belgium
Metso Corporation's company release on January 5, 2010 at 1:00 p.m. local time
Metso will supply 4HamCogen S.A., a subsidiary of 4Energy Invest S.A., with a
biomass power plant for combined heat and power production (CHP) in the
municipality of Ham in the Belgian province of Limburg. The power plant will be
delivered by the Metso-Wärtsilä joint venture MW Power. The plant automation
system will be delivered by Metso's Automation business line. The total value of
Metso´s share of the investment is approximately EUR 30 million. The start-up of
the plant is scheduled for Q2 in 2011. The order is included in Energy and
Environmental Technology's Q4 orders received.
The new modular biomass power plant will utilize bubbling fluidized bed (BFB)
technology and will use non-contaminated biomass as the main fuel. With the new
cogeneration plant, 4HamCogen will feed 8.4 MW of electricity into the
distribution grid and will be able to deliver up to 14 MW of heat.
4Energy Invest, the parent company of 4HamCogen, is a Belgian based renewable
energy company that aims at creating and managing a portfolio of small to
middle-sized biomass-to-energy projects. 4Energy Invest is listed on NYSE
Euronext Brussels (ENIN).
Metso is a global supplier of sustainable technology and services for mining,
construction, power generation, automation, recycling and the pulp and paper
industries. We have about 26,500 employees in more than 50 countries.
Further information for the press, please contact:
Pasi Rantonen, Product line director, MW Power, tel. +358 40 544 8328
Further information for investors, please contact:
Marja Kortesalo, Investor Relations Manager, Metso Corporation, tel. +358
20 484 3211
Executive Vice President and CFO
Vice President, Group Communications
NASDAQ OMX Helsinki Ltd